The table below looks at the prevalence of the term Equity Derivative in contract job vacancies advertised in the City of London. Included is a benchmarking guide to the contractor rates offered in vacancies that have cited Equity Derivative over the 3 months to 27 March 2017 with a comparison to the same period over the previous 2 years.

Note that daily and hourly rates are treated separately in these statistics. When calculating contractor rate percentiles, daily rates are never derived from quoted hourly rates or vice versa.

Equity Derivatives
London / City of London
3 months to
27 Mar 2017
Same period 2016 Same period 2015
Rank 141 148 161
Rank change year-on-year +7 +13  
Contract jobs citing Equity Derivative 14 10 33
As % of all contract IT jobs advertised in the City of London 0.46% 0.30% 0.64%
As % of the Miscellaneous category 1.28% 0.83% 1.75%
Number of daily rates quoted 13 5 25
Median daily rate £600 £573 £575
Median daily rate % change year-on-year +4.80% -0.43%  
90% offered a daily rate of more than £550 £425 £474
10% offered a daily rate of more than £639 £685 £625
UK excluding London median daily rate £425 - £475
Number of hourly rates quoted 0 0 0
Median hourly rate - - -
UK excluding London median hourly rate - - -

Equity Derivative is in the generic IT skills category. The next table is for comparison with the above and provides summary statistics for all contract job vacancies advertised in the City of London with a requirement for generic IT skills.

Generic IT Skills
City of London
Contract job vacancies with a requirement for generic IT skills 1093 1200 1884
As % of all contract IT job vacancies advertised in the City of London 36.25% 36.08% 36.43%
Number of daily rates quoted 842 952 1436
Median daily rate £525 £500 £470
Median daily rate % change year-on-year +5.00% +6.38%  
90% offered a daily rate of more than £300 £318 £290
10% offered a daily rate of more than £650 £658 £625
UK excluding London median daily rate £395 £375 £375
% change year-on-year +5.33% -  
Number of hourly rates quoted 8 27 36
Median hourly rate £19.00 £19.00 £17.87
Median hourly rate % change year-on-year - +6.35%  
90% offered a hourly rate of more than £13.79 £12.00 £12.73
10% offered a hourly rate of more than £28.35 £35.60 £27.37
UK excluding London median hourly rate £18.68 £27.75 £18.75
% change year-on-year -32.68% +48.00%  

Equity Derivative
Job Vacancy Trend in the City of London

The job posting trend of jobs advertised in the City of London citing Equity Derivative as a proportion of all contract or permanent IT jobs with a match in the Miscellaneous category.

Job vacancy trend for Equity Derivative in the City of London

Equity Derivative
Contractor Daily Rate Trend in the City of London

This chart provides the 3-month moving average for daily rates quoted in contract jobs citing Equity Derivative in the City of London.

Contractor daily rate trend for Equity Derivative in the City of London

Equity Derivative
Contractor Hourly Rate Trend in the City of London

This chart provides the 3-month moving average for hourly rates quoted in IT contractor jobs citing Equity Derivative in the City of London.

Contractor hourly rate trend for Equity Derivative in the City of London

Equity Derivative
Top 30 Co-occurring IT Skills in the City of London

For the 6 months to 27 March 2017, IT contractor jobs citing Equity Derivative also mentioned the following skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all contract ads across the City of London region with a requirement for Equity Derivative.

1 30 (96.77%) Derivative
2 24 (77.42%) Agile Software Development
3 21 (67.74%) Front Office
4 20 (64.52%) Java
4 20 (64.52%) Banking
5 18 (58.06%) Investment Banking
6 16 (51.61%) Equities
7 11 (35.48%) Multithreading
8 10 (32.26%) Migration
8 10 (32.26%) Electronic Trading
9 7 (22.58%) MiFID
9 7 (22.58%) TDD
9 7 (22.58%) Finance
9 7 (22.58%) HTML
9 7 (22.58%) Unix
9 7 (22.58%) SDLC
10 6 (19.35%) AngularJS
10 6 (19.35%) Linux
10 6 (19.35%) JavaScript
10 6 (19.35%) HTML5
11 5 (16.13%) Continuous Integration
11 5 (16.13%) JIRA
11 5 (16.13%) Oracle
11 5 (16.13%) Shell Script
11 5 (16.13%) CSS
11 5 (16.13%) Scrum
11 5 (16.13%) Hazelcast
11 5 (16.13%) Event-Driven Architecture
11 5 (16.13%) TypeScript
11 5 (16.13%) Market Making

Equity Derivative
Co-occurring IT Skills in the City of London by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Business Applications
1 2 (6.45%) Sophis RISQUE
Database & Business Intelligence
1 5 (16.13%) Hazelcast
2 1 (3.23%) DB2
2 1 (3.23%) RDBMS
2 1 (3.23%) Relational Database
Development Applications
1 5 (16.13%) JIRA
2 1 (3.23%) JUnit
General
1 21 (67.74%) Front Office
2 20 (64.52%) Banking
3 18 (58.06%) Investment Banking
4 7 (22.58%) Finance
Job Titles
1 24 (77.42%) Developer
2 18 (58.06%) Java Developer
3 11 (35.48%) Front Office Developer
4 7 (22.58%) Senior Developer
5 6 (19.35%) Senior Java Developer
6 5 (16.13%) JavaScript Developer
6 5 (16.13%) Lead Developer
7 4 (12.90%) HTML Developer
8 3 (9.68%) Business Analyst
8 3 (9.68%) Derivatives Business Analyst
8 3 (9.68%) Equity Derivatives Business Analyst
9 2 (6.45%) Agile Developer
9 2 (6.45%) Agile Java Developer
9 2 (6.45%) Analyst
9 2 (6.45%) MiFID Business Analyst
9 2 (6.45%) UI Developer
10 1 (3.23%) Equity Analyst
10 1 (3.23%) Investment Banking Business Analyst
10 1 (3.23%) IT Business Analyst
10 1 (3.23%) Senior UI Developer
Libraries, Frameworks & Software Standards
1 7 (22.58%) HTML
2 6 (19.35%) AngularJS
2 6 (19.35%) HTML5
3 5 (16.13%) CSS
4 4 (12.90%) CSS3
5 2 (6.45%) React
6 1 (3.23%) .NET
6 1 (3.23%) J2SE
6 1 (3.23%) JMS
6 1 (3.23%) Spring
6 1 (3.23%) WPF
Miscellaneous
1 30 (96.77%) Derivative
2 16 (51.61%) Equities
3 1 (3.23%) Data Structures
Operating Systems
1 7 (22.58%) Unix
2 6 (19.35%) Linux
3 1 (3.23%) Windows
Processes & Methodologies
1 24 (77.42%) Agile Software Development
2 11 (35.48%) Multithreading
3 10 (32.26%) Electronic Trading
3 10 (32.26%) Migration
4 7 (22.58%) SDLC
4 7 (22.58%) TDD
5 5 (16.13%) Continuous Integration
5 5 (16.13%) Event-Driven Architecture
5 5 (16.13%) Market Making
5 5 (16.13%) Scrum
6 1 (3.23%) Asset Management
6 1 (3.23%) Economics
6 1 (3.23%) GAP Analysis
6 1 (3.23%) MVVM
6 1 (3.23%) OO
6 1 (3.23%) OOD
6 1 (3.23%) Pair Programming
6 1 (3.23%) Software Engineering
6 1 (3.23%) User Acceptance Testing
6 1 (3.23%) Workflow
Programming Languages
1 20 (64.52%) Java
2 6 (19.35%) JavaScript
3 5 (16.13%) Shell Script
3 5 (16.13%) TypeScript
4 2 (6.45%) C#
4 2 (6.45%) SQL
5 1 (3.23%) Kotlin
5 1 (3.23%) Perl
5 1 (3.23%) Scala
Quality Assurance & Compliance
1 7 (22.58%) MiFID
2 1 (3.23%) Dodd-Frank
2 1 (3.23%) EMIR
2 1 (3.23%) QA
Vendors
1 5 (16.13%) Oracle
2 2 (6.45%) Sophis
3 1 (3.23%) Bloomberg
3 1 (3.23%) Citrix
3 1 (3.23%) Reuters
3 1 (3.23%) Sybase